Brief introduction:
A public limited liability business
grants its owners and management team minimal liability. However, in the case
of a public limited company, a firm can sell shares to investors, which is
thought to be a good act in obtaining funds for the company.
At Bizcurise, we offer comprehensive Public
Limited Registration in India services through all-inclusive packages that are
priced competitively. Every stage of the Public Limited Registration is
assisted and guided by our devoted and knowledgeable staff of CA, CS, and
paralegal specialists. We operate entirely online and assure you that our
services are reliable in terms of quality and transparency.
Characteristics of Public Limited
Registration:
Legal Entity and Accountability: The advantage
of registering a public limited company is that the directors and shareholders
are protected from personal accountability because the company is a legal
entity. As a result, neither the directors nor the shareholders ever have to
assume personal risk.
Commercial Creditability: A public
limited company's details, including its status, the date has founded, the
location of its registered office, etc., are made available to the general
public. It is made public on the MCA's searchable database, which raises the
company's reputation with customers. Online Public
Limited Company Registration
Distinct Legal Entity: Public
limited companies are seen as distinct legal entities from their stockholders.
A Unique number will be given to the Public Limited Company that will be the
same as long as the company’s existence.
Easy Share’s Transferability: One of the key advantages of a public limited
company is how simple it is for a shareholder can simply transfer the share
to other legal entities, whether they be individuals or organizations based in
India or outside. Additionally, the director may be replaced to guarantee the
corporation's survival.
Documents Required for Public Limited Registration in India:
Director’s documents
|
Company’s Document |
PAN card Copy of Self Attested
|
Utility Bill (Electricity
Bill, Water, bill, etc)
|
Aadhar Card Copy of Self
Attested Identity proof(Voter’s ID,
Passport, etc)
|
NOC certificate (If the
property does not belong to you)
|
Latest Copy of Bank Statement |
Copy of Rent agreement( if the
property is rented)
|
Steps for the requirement of the Public
Limited Registration in India
Ø A public
limited Company should have at least 3
Directors and 7 shareholders. Among all
the Directors, One should be an Indian resident.
Ø The name of
the Company should be unique and identical. Your Company's name should not be
the same as the existing companies.
Ø After the
company’s name is approved, the MOA and AOA documents should be signed for the
company.
Ø A minimum
paid-up capital is Rs 5 lakh required.
Ø The digital
signature certificate of any one of the Directors is needed when submitting
self-attested proofs of identity and address.
Ø DIN is needed
for the Directors.
Ø Public
limited companies do not always need a commercial space for their registered
office. If the landlord gives you a NOC, you can even use their house as your
registered office.
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